CLEVELAND ELECTRICAL LABOR MANAGEMENT COOPERATION COMMITTEE (EIN 341848827) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

JASON WALDEN

Phone

2165248444

Tax Period

2024-01-01 to 2024-12-31

CLEVELAND ELECTRICAL LABOR MANAGEMENT COOPERATION COMMITTEE, founded in 1997, is a small nonprofit in the Mutual Benefit sector that reported $359K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $339K left a modest 6% surplus.

Mission

IMPROVING LABOR-MANAGEMENT RELATIONSHIPS, JOB SECURITY, (CONTINUED ON SCHEDULE O)COMPETITIVENESS, PRODUCTIVITY AND ECONOMIC DEVELOPMENT IN THE ELECTRICAL INDUSTRY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $353,837

Investment Income $4,756

Other Revenue $0

TOTAL REVENUE $358,593

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $338,823

Other Expenses $338,823

TOTAL EXPENSES $338,823

Year-over-Year Comparison

	2024	2023	Change
Revenue	$358,593	$324,525	+0.1%
Expenses	$338,823	$391,531	-0.1%
Net Income	$19,770	$-67,006	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BUSSER	TRUSTEE	5.00	Director	$0	$0	$0
GARY ELLIS	TRUSTEE	5.00	Director	$0	$0	$0
MICHAEL B JOYCE	TRUSTEE	5.00	Director	$0	$0	$0
JAMIE MANCE	TRUSTEE	5.00	Director	$0	$0	$0
DENNIS MEANEY	TRUSTEE	5.00	Director	$0	$0	$0
THOMAS MORGAN	TRUSTEE	5.00	Director	$0	$0	$0
MICHAEL MUZIC	TRUSTEE	5.00	Director	$0	$0	$0
THOMAS W SHREVES	TRUSTEE	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$358,593	$338,823	$202,595	$19,770
2023	$324,525	$391,531	$182,825	$-67,006
2022	$291,508	$361,082	$249,831	$-69,574
2021	$302,420	$300,785	$319,405	$1,635
2020	$329,957	$218,584	$317,770	$111,373
2019	$305,438	$389,404	$206,397	$-83,966
2018	$306,191	$297,816	$290,363	$8,375

CLEVELAND ELECTRICAL LABOR MANAGEMENT COOPERATION COMMITTEE